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You'd expect so, but you have to figure Hammy has more leverage on the team now than he did before. Striking out on Greinke and Shields, losing Napoli, and seeing J. Upton being pulled off the market, the Rangers have to feel extra pressure to make a big (re)signing. Whereas before they were maybe willing to go 3 years max with Hammy, maybe they go all the way up to 5.

To be honest I don't think the Rangers wanted Josh Hamilton. It seems like he's last on the list as of right now.

Well they couldn't afford to both sign Greinke and re-sign Hammy. It was either:

1. sign Greinke and trade for an OF'er to replace Hammy like Upton or;
2. re-sign Hammy and trade for a TORP like Shields

Think they preferred doing #1 over #2. Now that Greinke, Upton and Shields are all unavailable, think Hammy becomes their first priority. He has more leverage on the team now than before though since those other 3 guys are no longer options.